Real Estate Principles – Midterm Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
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Course
Real Estate Principles
Institution
Real Estate Principles
A license permitting the broker to sell lists of available rental property is known as?
-:- A PRLS prepaid rental listing service license
A real estate salesperson is supervised by?
-:- Employing broker only
The real estate advisory commission consist of?
-:- Six Brokers and four members of...
Real Estate Principles – Midterm Questions &
100% Correct Answers- Latest Test | Graded
A+ | Passed
A license permitting the broker to sell lists of available rental property is known as?
✓ -:- A PRLS prepaid rental listing service license
A real estate salesperson is supervised by?
✓ -:- Employing broker only
The real estate advisory commission consist of?
✓ -:- Six Brokers and four members of the public
Under the real estate law, a real estate salesperson works for a broker as a/an?
✓ -:- Employee
The licenses of any salesperson working for a broker must be on file, where?
✓ -:- At the broker's main office
In order to obtain a real estate license, an applicant must complete?
Which of the following does not require a real estate license?
✓ -:- Selling your own property
Assume that a real estate licensee is attempting to renew his license, Although the
Department of Child support services indicates that the party has failed to make the
required support payments. Which of the following is true?
✓ -:- The licensee will be issued a 150 day temporary license
When a real estate license expires, it may be renewed up to
✓ -:- Two years later
The real estate law allows business opportunities to be sold by
✓ -:- Real Estate licensee
Real property includes:
✓ -:- Land, Fixtures, and appurtenances
3|Page | Grade A+| 2024/2025
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